Recommendation: NO
Current Price: $313.81
Total Wheels: 18
EditTypically you want to choose options that have a higher than 70% chance of being out of the money, since then you only have a 30% chance of actually acquiring the stock. Beyond that maximumizing the annualized rate of return is a good idea.
Annualized rate of return is computed fairly bullish as (max_return * odds + (1 - odds)) ^ (252 / calendar_days). This assumes that if you accidently acquire the stock you will be able to do something such that effectively get you a 1x return immediately.
| Ticker | Strike | Premium | Ticker Price | Calendar Days To Expiration | Odds Out Of The Money % | Maximum Return % | Annualized Rate Of Return |
|---|---|---|---|---|---|---|---|
| MDB | 290.0 | 28.8 | 313.81 | 60 (2026-09-18) | 65.86% | 9.93% | 1.30x |
| MDB | 270.0 | 11.8 | 313.81 | 40 (2026-08-21) | 76.92% | 4.37% | 1.23x |
| MDB | 265.0 | 1.1 | 313.81 | 4 (2026-07-02) | 93.45% | 0.42% | 1.22x |
| MDB | 290.0 | 47.6 | 313.81 | 145 (2027-01-15) | 66.11% | 16.41% | 1.20x |
| MDB | 250.0 | 30.25 | 313.81 | 145 (2027-01-15) | 76.02% | 12.10% | 1.17x |
| MDB | 220.0 | 0.78 | 313.81 | 15 (2026-07-17) | 97.01% | 0.35% | 1.06x |